To be caught in the crossfire meant for someone else. The target isn't you but you can still have pieces "chipped off" by gunfire (specifically) or unintentionally caught up in a beat down meant for someone else.

"Don't get chipped" - V. Staples basically means mind your business and do your thing. Don't mingle with people who could get you hurt or messed up.
"hey, I heard Ronnie snitched. Don't hang around him for a while. People might be looking for him and you don't wanna get chipped."
by Pope1980 September 21, 2019
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1. When you’re too poor or too young to get a flesh light so you use a chip bag 2. When you don’t have any tissues so you beat off into a chip bag.
Kenny: Shit I wish I had a fleshlight.
Stan: I’ll get the chip bag.
by XNarz September 25, 2019
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